Artnewspress :
In an unconventional year, Sony led the domestic box office in terms of marketshare as U.S. sales tanked
North American box office revenues in 2020 hit a 40-year low, struggling to reach $2.2 billion in total amid the coronavirus crisis. Movie theaters were forced to stay closed for a significant portion of the year beginning in late March and struggled to recover when some cinemas were able to reopen months later in August.
That resulted in an 80% year-over-year decline from 2019, according to Comscore. Box office returns from Jan. 1 through Dec. 31, 2019 brought in a near-record $11.39 billion, thanks to the smash success of “Avengers: Endgame,” “The Lion King” and “Spider-Man: Far From Home.”
Worldwide returns suffered a similar drop, with global ticket sales totaling $12.4 billion — a 71% slide from the year prior. In 2019, the global box office cemented a new industry high as worldwide receipts surpassed $42.5 billion.
